DailyChartist

Update on Spotify: bullish flag triggered

Long
NYSE:SPOT   Spotify Technology S.A.
Buyers were able to pinch trough the flag's resistance level and thus trigger the formation.
Two scenarios in this case may follow:
1. Price tests again the figure and continues it's way up;
2. Price aggressively starts to rise and complete the flag fast with big volumes;
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.